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Trade War - SERIES 112 {16 articles}

Asia markets struggle as trade war worries persist

9/11/2018, 3:11:36 AM
undefined ✔ Tuesday 03:00 BST What you need to know Hang Seng index in bear market territory Trade war worries persist Dollar edges higher Australian dollar touches 29-month low Hot topic Hong Kong’s major stock market indices were back in bear market territory as investors braced for a decision from the Trump administration on its next proposed wave of US tariffs on Chinese products ✔ It is very difficult to put an accurate number on what the impact is going to be, Mr Ebrahim said



China's inflation climbs to 2.3% as trade war augurs faster rise

9/10/2018, 9:13:45 PM
Food and fuel prices propel CPI for August ✔ Beijing is prepared to enact levies of up to 25% against $60 billion worth of additional U.S. goods if the White House proceeds with a third round of tariffs ✔ Get unique insights on Asia, the most dynamic market in the world ✔ Try 3 months for $9 Offer ends September 30th



Hang Seng index in bear market territory as trade war threat looms

9/11/2018, 2:33:23 AM
undefined ✔ While macro economic fundamentals in Asia – including economic growth and inflationary issues – were still very robust fears about the potential fallout from the US-China trade dispute continued to hover, JPMorgan Asset Management portfolio manager Ayaz Ebrahim told the Financial Times



Asia shares can't shake trade stress, pound up on Brexit talk

9/11/2018, 3:13:05 AM
Asian shares were struggling to avoid a ninth straight session of losses on Tuesday as the spectre of a Sino-U.S. trade war haunted investors, while the pound perched near a five-week top on hints a Brexit deal might be nearer. ✔ BETTING ON BREXIT In currency markets, sterling stood out after the European Union’s top negotiator said an agreement for Britain to leave the economic bloc might be reached in the coming weeks ✔ It had been aided by an easing in concerns over Italian debt which left the gap between yields on Italian and more creditworthy German bonds at the narrowest in a month ✔ Our Standards:The Thomson Reuters Trust Principles



Vietnam shines despite Southeast Asia's struggles with trade and emerging market pressures

9/11/2018, 3:18:19 AM
Vietnam's geographical proximity to China and its historically strong political and economic links with Beijing are paying dividends. ✔ Getty Images Motorists pass the Saigon Notre-Dame Basilica in Ho Chi Minh City, Vietnam ✔ The threat of an escalating global trade conflict is weighing on prospects for export-dependent economies like Singapore and Malaysia, while Indonesia and the Philippines face challenges funding their high levels of external debt as their currencies come under pressure from a rising U.S. dollar ✔ FDI inflows in particular have been very strong and have been providing good balance of payment support for Vietnam



Australian dollar dips to 29-month low, greenback strengthens

9/11/2018, 2:44:32 AM
undefined ✔ Foreign exchange and sovereign debt markets showed signs of life in early Asia-Pacific trading with currencies losing ground against the dollar and Australian dollar touched a 29-month low ✔ The currency is seen as a vulnerable if the US-China trade war escalates as it is exposed to regional trade volumes



S&P 500 ends four-day losing streak

9/10/2018, 8:58:58 PM
undefined ✔ Wall Street ended the day a mixed bag on Monday as simmering trade war concerns and the prospects of higher interest rates continue to weigh on investors’ risk appetite ✔ Last week’s rout was led by a rough week for tech stocks, a strong jobs report that spurred monetary policy tightening expectations and President Donald Trump saying he was ready to impose new tariffs on $267bn of Chinese imports



Apple Earnings Hit By New Tariffs

9/10/2018, 9:21:15 PM
Analysts say long-term investors shouldn’t sweat the tariffs. ✔ Mohan says only about $26 billion in fiscal 2019 revenue will come from Apple's Other Products category ✔ NASDAQ: AAPL 218.68 PRICE (USD) 2.62 (-1.18%) DAILY CHANGE 52 Week Low 52 Week High 149.16 229.67 See full interactive chart for AAPL » Data as of 3:23 pm on 9/10/2018



Nikkei jumps, but other Asian markets remain sluggish

9/11/2018, 2:57:49 AM
Asian stock markets were mostly down in early trading Tuesday, after the S&P 500 and Nasdaq snapped a four-session losing streak and the White House announced a second summit between President Donald Trump and North Korean leader Kim Jong Un was in the works. ✔ That came as concerns eased about impacts from last week’s typhoon and earthquake ✔ Korea’s Kospi SEU, -0.35%   sank slightly, with chip firms Samsung 005930, -0.55%   and SK Hynix 000660, +0.39%   showing mixed results ✔ We Want to Hear from You Join the conversation Comment



Taiwan plans incentives to lure companies back from China

9/11/2018, 12:53:37 AM
undefined ✔ Taiwan-owned electronics manufacturers, including a bundle of Apple suppliers, run large production bases in China, and China takes about 40 per cent of Taiwan’s exports ✔ Taiwan Semiconductor Manufacturing which is the world’s largest contract chipmaker and a key supplier to Apple with operations in China and Taiwan would not comment on the government policy but spokesperson Elizabeth Sun said the company’s decision in 2016 to spend $3bn building a chip factory in Nanjing, eastern China, followed years of investigation and planning



Oil steadies as U.S. inventory concerns curb gains

9/10/2018, 9:12:36 PM
Oil prices were mixed on Monday, pulling back from an early rally after data suggested U.S. crude inventories might build, weighing on the market. ✔ A higher oil price scenario is built on lower exports from Iran due to U.S. sanctions, capped U.S. shale output growth, instability in production in countries like Libya and Venezuela and no material negative impact from a U.S./China trade war on oil demand in the next 6-9 months, said Harry Tchilinguirian, oil strategist at French bank BNP Paribas



The future holds promise thanks to painstaking efforts of China - Opinion

9/11/2018, 12:31:48 AM
undefined ✔ Disorder, uncertainties and transformation are the complex challenges the world is facing today ✔ These welcome efforts suggest openness, mutual trust and cooperation will get the better of unilateralism, isolationism and protectionism ✔ And if that is the case, the future holds a lot of promise ✔ The author is deputy chief of China Daily European Bureau



What risk? Multibillion foreign investor gives Australia big tick

9/10/2018, 10:35:02 PM
Scott Morrison? That's not what sovereign risk looks like. ✔ Australian businesses regularly cry that international investors will shun Australia thanks to policy or political uncertainty ✔ We hold for the life of the assets so when are paying finely chiselled prices we want to have continuity in regulatory issues and tax over many years ✔ But funds like this (and our Future Fund) rely on assessing the longer term big picture



Spotlight on Alibaba CEO Zhang as Jack Ma starts retirement countdown

9/11/2018, 2:13:31 AM
undefined ✔ A global trade war is also hampering Alibaba's ambitions for international expansion, including into the United States ✔ His analytical mind is unparalleled, he holds dear our mission and vision, he embraces responsibility with passion, and he has the guts to innovate and test creative business models, Ma wrote



Dow Loses 59 Points as Trade Talk Takes a Toll

9/10/2018, 9:27:27 PM
The S&P 500 climbed 5.45 points to 2877.13, and the Nasdaq Composite rose 21.62 points to 7924.16. ✔ Long-term momentum remains favorable as do our longer term indicators ✔ On Friday, Jefferies ’ analyst Kevin Grundy initiated coverage on the stock with a Hold rating, citing the stock’s premium valuation from keeping him from a Buy rating ✔ The bottom five stocks in the S&P 500: Brown Forman: -6.1% Torchmark(TMK): -4.5% Anthem(ANTM): -3.4% Vulcan Materials(VCM): -3.3%



8@eight: Wall Street finishes up, ASX set for flat start

9/10/2018, 10:21:46 PM
What happened overnight and what's ahead for the ASX. ✔ The Stoxx 600 ticked higher overnight, while the FTSE held steady and the DAX added 0.2 per cent ✔ Market watch:  SPI futures were up 1 point at 6138 at 6.30am AEST AUD +0.1% to 71.14 US cents (Overnight peak: 71.32) On Wall St: Dow -0.2% S&P 500 +0.2% Nasdaq +0.3% FANG: Facebook +0.7%, Amazon -0.7%, Apple -1.3%, Netflix -0.1%, Alphabet flat, Microsoft +1.1% In New York, BHP -1.3% Rio +0.4% Atlassian +1.1% In Europe: Stoxx 50 +0.5% FTSE flat CAC +0.3% DAX +0.2% Spot gold -0.1% to $US1195.78 at 2.16pm New York time Brent crude +0.6% to $US77.31 a barrel US oil -0.3% to $US67.53 a barrel Iron ore -1% to $US67.81 a tonne Dalian iron ore -0.8% to 494 yuan LME aluminium +1.3% to $US2095 a tonne LME copper -0.4% to $US5910 a tonne 2-year yield: US 2.71% Australia 1.99% 5-year yield: US 2.83% Australia 2.14% 10-year yield: US 2.94% Australia 2.57% Germany 0.40% US-Australia 10-year yield gap: 37 basis points This column was produced in commercial partnership between Fairfax Media and IG



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